Quick Snap Shot: Olam, MinZhong, Wilmar & Ezra

4 heavenly king gathered to bring you cash.

Olam (Bot) - Current price 2.33 (super strong buy)

Wilmar (Bot) - Current price 4.92 (strong buy)

Minzhong (going to buy soon) - Current price 1.025 (strong buy)

Ezra (going to buy soon) - Current price 1.14 (buy)

Olam - update

Call for strong trading buy. Mini showhand if you can afford. All sign for rebound shows up. Wan4 Si1 Jun1 Pei4.. just waiting for the Tong1 Feng1. Selling volume falls, MACD divergences with pre cross over period now (last time i mentioned b4, pre cross over is the time where most rebound take place), RSI starts to see recovery, and also long term wise, 50MA line cross 100MA line (sign of long term trend reversal. the last major MA cross down was in Jan 2011 where Olam starts its downtrend.) So time to position yourself for a rebound. Recommended entry $2.23 to $2.30. Buy at your own risk ;).

S&C already in at $2.30. With cash to pump in more if i wish to double up my stake. 

Wilmar and Olam - call for trading buy

Back to posting after about a month break. After I clear off all my 3 holdings in early Feb. Market continue to rise until very recent fast to see some correction. This may offer some buying opportunity as some corporate results aren't showing good results as expected.

Time for selective trading buy. Some blue chips had fallen to catch my eyes again. Olam and Wilmar are on my list for trading buy. However, one must note that STI or HSI may be consolidation or mild correction mode. Therefore, trade with care for those whom are going to long the market.

Wilmar, fallen from a high of $6.00 to near $5.00. Translating to a near 17% drop in share price in a short 2 weeks. Some analysts said its over reacting to weak result, some expect more correction. Based on chart reading, I still see some weakness ahead before rebounding. Best entry will be somewhere near $4.90 - $4.95 range. However, those whom cant wait can still buy in phases at current price. Remember, do not showhand at this price yet. You may get caught badly... 

Olam, share price also drop about 16% from a high of 2.72 to 2.35. Represent about 15-16% drop too. As you can see, Olam is a very volatile stock. it can easily swing 10cents up or down in a single day. Currently, MACD still turning sign, and RSI also shows oversold. Best bet will be anything near 2.3. Same as Wilmar, buy in 2 phase in case rebound didnt materialise. 

Both call for trading buy now. Good luck.

My Stock Holdings update 21 Jan 2012

Happy Dragon Year 2012 to all readers. I wish all have a smooth dragon riding year ahead and good health.


I decided to share with readers my current share holdings. I will continue to add more holdings slowly as stock price are still consider low. Some of the blue chips had already rebounded off their low and also breakout of their resistance level. However, there are still many mid-cap which are laggers. These are the companies which I will be picking using my bottom out-pick (BOP) theory. 


Reviews:
AscendasIndia Reits: My entry: $0.70. 
Reasons: low gearing, high yield at more than 8% p.a. TA: bottom out at below $0.70.

Xin Ren: My entry: $0.29
Reasons: Reasonable earning report in 2011, current pricing affected by S-chip scandal (waiting for potential re-rating). TA bottom out below $0.30.

Pac Andes: My Entry: $0.21
Reasons: Consistence earning, outlook remains bright. TA: Bottom out at $0.20. Waiting for potential rebound.

Portfolio (P/L) Percentage: 2.9%

Sakari Resources Limited

Sakari hitting long trend downtrend line near $2.10. RSI hitting over 70%. MACD yet to officially turn down. Opening short position at 2.08 for a try. Using risk reward ratio 1:2. Cut loss at 2.13 and take profit at 1.98. Overall market has been quite resilience. Therefore short with care too as there maybe possible breakouts.

Market Review 8 Jan 2012 - STI, HSI, Singtel

1st Market review for 2012. I will 1st examine the STI and HSI to see its general trading direction.

STI should be trading in a restricted channel between 2740 to 2640 range. A breakout over 2740 may propel higher, however I do not see any good news on the horizon near term. Most indication looks boring, STI currently trading below 100MA line. Recommend trading sell on STI at 2720 - 2740 range with 2750 cut loss.   

HSI looks slightly more interesting as the formation of the flag is nearly formed. Suggestion big movement either up or down can be on the line soon. Judging for the gloomy overall outlook from the europe side, I am more bias to a down side. Recommend small position on trading sell on HSI from 18900 - 18500 range with cut loss at 19100.

Singtel appears to be a good shorting target. Recently technical glitches coupled with nice indicators point to my recommendation to short at $3.15 - $3.18 range. Take profit below $3.06. 

Sunday Babe - Redbud Woman, Zijing Woman (紫荆侠)

Profile

Name: Redbud Woman, Zijing Woman (紫荆侠)
DOB: ??? |  Profession: ??? | Country: China
Analysis: Her first appearance was in Hong Kong last year May. After that first appearance, few weeks ago, on a cold Xmas eve, the mysterious woman appeared in Beijing and started distributing warm military coats, food and gifts to beggars and homeless. This mysterious beauty sure capture alot of attention, be it good intention or for fame seeking. Big bust beauty wearing heroine costume with kind heart. I guess many would really like to take a look behind her mask on who she really was.  (classified as IPO stock which attract alot of attention initially but may not sustain long term without more interesting news)


Appearance: Super heroine look showing cleavage
Overall rating: 3.8 Star (out of five) - will re-rate if there are new photo emerge. 

 

The rise in fame of 紫荆侠 also attracts imposers. Fat version and full face cover of fake 紫荆侠 :

Even X-rated movie producer of《3D肉蒲团》is going to film 《3D紫荆侠》in 2012. Whether it will be X-rated not is yet to know. But lets take a preview of the lead actress of 《3D紫荆侠》. She definitely has the look and big racks to fill up 紫荆侠's role.